TMC: explanation for business result in Q1/08
Thu Duc Trading and Import - Export Joint Stock Company (TIMEXCO) has explained of business result in Q1/08 as follows:
Unit: VND
|
Q4/2007 |
Q1/2008 |
% increase(+) decrease(-) |
Net revenue |
324.38 bil |
357.92 bil |
+10% |
Gross profit |
16.11 bil |
22.29 bil |
+38.36% |
Profit after tax |
4.54 bil |
11.03 bil |
+142.95% |
Business resutl in Q1/08 was higher than that in Q4/07.
Reasons:
Consumption in Q1/08 increased significantly
Prices of steel, petrol...rose thus there was increase of gross profit.
HoSE